SKOURAS v. ADMIRALTY ENTERPRISES, INC.


386 A.2d 674 (1978)

Plato A. SKOURAS, Plaintiff, v. ADMIRALTY ENTERPRISES, INC., a Delaware Corporation, Defendant.

Court of Chancery of Delaware, New Castle County.

Decided April 3, 1978.


Attorney(s) appearing for the Case

David A. Drexler and A. Gilchrist Sparks, III, of Morris, Nichols, Arsht & Tunnell, Wilmington, for plaintiff.

Rodman Ward, Jr., of Prickett, Ward, Burt & Sanders, Wilmington, and David Simon, of Barrett, Smith, Schapiro, Simon & Armstrong, New York City, for defendant.


MARVEL, Chancellor:

Plaintiff Plato A. Skouras, the holder of 2,871 shares of stock of the defendant Admiralty Enterprises, Inc., representing an interest of between four and five percent in said corporation's common stock,1 seeks an order of this Court granting him the right to inspect certain books and records of Admiralty as well as the books of such corporation's affiliates pursuant to the provisions of 8 Del.C. Section 220.

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